Gold slipped on Monday after briefly breaching $1,300 per ounce on Friday, as equity markets regained some ground and the dollar .DXY hovered near a three-month peak.
Spot gold XAU= was down 0.2 percent to $1,295.85 per ounce at 1117 GMT, while U.S. gold futures GCv1 slipped 0.2 percent to $1,296.20. Spot prices hit $1,300.61 on Friday.
Federal Reserve chairman Jerome Powell said the U.S. central bank does “not feel any hurry” to change the level of interest rates again as it watches how a slowing global economy affects conditions in the U.S. to the Fed’s case for patient rate hikes, the U.S. economy created only 20,000 jobs last month, the weakest since September 2017.
Investors are now eyeing the U.S. retail sales due at 1330 GMT and a key Brexit vote in the British parliament on Tuesday. palladium XPD= rose 0.2 percent to 1,516.90 per ounce, while silver XAG= was flat at $15.31.
